Beacon Hill is a medium-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2100). The area has roughly 7,814 residents and an established family demographic, with a median age of 41. Households earn a median income of $153K per year, with an average household size of 3.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
Median house prices in Beacon Hill stand at $2.4 million, having moved higher by 3.7% over the last twelve months. Units have a median price of $1.3 million (-12.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,250.
Beacon Hill is served by 1 school, including 1 primary. The average ICSEA score is 1099, which is above the national average of 1,000. Public transport access includes 3 tram stops, 32 bus stops. The crime rate in the Northern Beaches LGA is low at 1,515 incidents per 100,000 population.
From an investment perspective, Beacon Hill shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.5x is considered stretched. House prices have moved +3.7% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.